March 15, 2019
Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years until …
March 15, 2019
Just over a week into the 2019 legislative session, insurance industry-supported bills aimed at reforming Florida assignment of benefits (AOB) abuse are making progress in the state legislature. Lawmakers in the Florida House of Representatives and Senate have each advanced …
March 15, 2019
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Louisiana Farm Bureau Mutual Insurance Co. (Louisiana Farm Bureau) in Baton Rouge, Louisiana. The outlook …
March 15, 2019
In June 2005, a 63-year-old woman was thrown from a tram at the North Carolina Zoo in Asheboro. The vehicle tipped over onto her, seriously injuring her shoulder and requiring years of treatment. The state paid out $85,000 more than …
March 15, 2019
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of Insurance Programs of America, Inc. (IPOA), a boutique managing general underwriter, and Risk Advisors of America, L.L.C. (RAA), a retail insurance …
March 14, 2019
Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and consumer activist groups …
March 14, 2019
British lawmakers voted overwhelmingly on Thursday to seek a delay in Britain’s exit from the European Union, setting the stage for Prime Minister Theresa May to renew efforts to get her divorce deal approved by parliament next week. Lawmakers approved …
March 14, 2019
Tropical Cyclone Idai bore down on Mozambique’s coast as it prepared to make landfall for a second time since causing flooding in southern Africa last week that killed at least 60 people. Idai is equivalent to a Category 3 storm …
March 14, 2019
Heavy snow has caused some structural damage at the Minnesota State Fairgrounds. Authorities say part of the roof of the cattle barn gave way Tuesday night. No one was hurt. The 99-year-old brick barn is used for storage during the …
March 14, 2019
Severe thunderstorms in North Texas have left at least one person hurt, damaged buildings and flipped small planes at a suburban airport. The Storm Prediction Center says gusts of more than 75 mph (120 kph) were reported Wednesday morning at …